Each of us likes to be in control (right...???), " keep an eye ", especially when it comes to finances. Understanding the work of the accounting is very important for the governing bodies . On the other hand, accounting is not the easiest area in the company. But you can only control to a certain limit the accounting to trust it - even though we look forward to working with the most loyal employee? After all, each of us can make mistakes...

Now the "control " of an accounting job is easier - thanks to the on-line system available 24 hours a day, 7 days a week.

24iValue offers management bodies, financial controlling department, group controllers, as well as the financial department and other interested parties to verify the accuracy of financial statements. We no longer feel uncomfortable that income taxes - current and deferred - were calculated incorrectly, so that the fear of scrutiny from the IRS thing of the past.

Cash flow is very important because it shows the actual flow of money in a given period. Analysis of cash flows for financiers includes predictions for the future business . With the 24iValue will ensure that the financial statements are free of material misstatement.

Watching the assets is difficult to determine whether the impairment of fixed assets occurred or not. But we are obliged to at least annual testing for impairment.

With 24iValue you will conduct even such complex test in about 40 minutes.

A finance lease is one of the most popular forms of financing in the units. But how to verify the accuracy of his posting? Thanks to 24iValue it will take less than 1 hour - just read the lease contract and then answer simple questions in the system - get an answer how to post a finance lease!

The least accurate may need to specify the size of provisions for retirement bonuses, holidays or warranty repairs. Furthermore, the " provisions for liabilities " should be distinguished from the term " contingent liabilities ". How to make sure that our accountant did not make significant errors in determining these estimates? Module 24iValue " Provisions " has been designed in such a clear way that you do not need to have specialized knowledge of accounting in order to have even a half-hour to calculate the amount of the provision in your company.

And what about the write-downs of receivables and inventories? Another estimate... How to check if the value is reasonable, since we have no idea how to calculate? Just that the module " Impairment losses on stocks" or " allowance for doubtful debts " will introduce some basic values that should not be a cause any problems - and in 15 minutes we get an answer!

Another advantage of the system is the ability to print the results ( in two formats : PDF and CSV / excel ) - so that we can calculate the system to join our documentation.

Is not this a solution designed just for your business? You do not have to experience negative emotions during the inspection of the IRS or statutory auditors... because before these events, you can own the most difficult areas of accounting audit!

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